10 Rte 31st N Pennington, NJ 08534-1606
This exceptional Class A office space, located at 10 N Route 31 N Unit 200 in Pennington, NJ, offers 4.83 acres of land and boasts a prime location with high visibility on Route 31. Currently configured as a second-floor suite with six windowed offices, two bathrooms, and a pantry area, along with a large open space, this versatile property is adaptable to various tenant needs and can be reconfigured to suit specific requirements. The suite features a private entrance with a dedicated elevator, ensuring convenient and independent access. Accessibility is ensured through handicap-accessible features. Tenants benefit from the inclusion of a large, 54-seat multimedia conference room and a shared kitchen, providing ample space for meetings and collaborative work. A separate entrance adds to the privacy and convenience of this space. The building is home to prestigious tenants, including Global Neurosciences Institute, Jag-One Physical Therapy, and Axiva Infusion Centers, establishing a high-quality professional environment. For the right tenant, subdivision of the space is a possibility. This property presents a unique opportunity for businesses seeking a prestigious and well-equipped office space in a highly visible location. The ample acreage offers significant potential for future expansion or development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
O-B · Pennington, NJPennington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.